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Feb 21, 2020
02/20
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. >>> an all-nighter doesn't stop angela merkel's early morning. commissioner's president tells cnbc it is important to fund climate and digital policies >>> this is the reason why we are negotiating. there are many different interests that have to be convened with the budget it puts emphasis on the modern policies >> good morning. it is a very big day for your data we had pmi numbers coming out. we had the composite numbers the flash has come in at 51.6. services at 52.8 up from 52.5. manufacturing has come in much higher than expectations at 49.1 versus 47.9 in january a bit of a surprise given that some people were expecting that coronavirus would have impacted those. >> absolutely. the new business index which held at january's high that seems to be holding up. >> for further information on what we should be looking at here, let's get out to chris williamson at ihs market great to have you with us. you actually publish these indices. i've got to say, it is a bit surprising to see that data hasn't reflected some of the business more globally wha
. >>> an all-nighter doesn't stop angela merkel's early morning. commissioner's president tells cnbc it is important to fund climate and digital policies >>> this is the reason why we are negotiating. there are many different interests that have to be convened with the budget it puts emphasis on the modern policies >> good morning. it is a very big day for your data we had pmi numbers coming out. we had the composite numbers the flash has come in at 51.6. services at...
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Oct 29, 2018
10/18
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age angela merkel is not giving up the chancellorship. this is interesting about what's developing in germany specifically. >> it definitely is. germany is the back bone of the eu in their approach to how they handle currency issues and how they handle italy and greece, if she is in a weakened position, which she certainly seems to be, this has been going on for more than just recently, it's been going on for a year and a half, two years where her party loses elections, she maintains her chancellorship in foongt, after the last national election there was a long period when they were struggling to put together a coalition. they finally did well, this is nothing that's going to support strict eu policy, especially against italy right now. italy wants to revive the economy. it elected a populus government, odd coalition to say the least to do that and italy is doing that from their point of view, what they're looking at in the eu, this is a national issue for italy. if the europeans, if germany and the rest of the eu is running out of power
age angela merkel is not giving up the chancellorship. this is interesting about what's developing in germany specifically. >> it definitely is. germany is the back bone of the eu in their approach to how they handle currency issues and how they handle italy and greece, if she is in a weakened position, which she certainly seems to be, this has been going on for more than just recently, it's been going on for a year and a half, two years where her party loses elections, she maintains her...
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Mar 24, 2015
03/15
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saying that he wants of course reforms but also social spending and angela merkel insisting on that he has to bide by the contracts the previous government has signed so we have to wait and see what that meeting means in terms of improvement and today he's meeting with the vice chancellor and the opposition leaders. with that back to you. >> thank you so much. still to come on worldwide exchange. nigeria government is facing a perfect storm of political and economic uncertainty but will the central bank come to the rescue? we'll preview the upcoming rate decision coming up after the short break. [ male announcer ] ours was the first modern airliner, revolutionary by every standard. and that became our passion. to always build something better airplanes that fly cleaner and farther on less fuel. that redefine comfort and connect the world like never before. after all, you can't turn dreams into airplanes unless your passion for innovation is nonstop. ♪ ♪ >>> nigeria central bank announces the rate decision later this afternoon. policy makers have been under pressure to stem the curr
saying that he wants of course reforms but also social spending and angela merkel insisting on that he has to bide by the contracts the previous government has signed so we have to wait and see what that meeting means in terms of improvement and today he's meeting with the vice chancellor and the opposition leaders. with that back to you. >> thank you so much. still to come on worldwide exchange. nigeria government is facing a perfect storm of political and economic uncertainty but will...
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Oct 29, 2018
10/18
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will angela merkel run as chairman or not? if she's not going to run again, then most likely we'll see the end of her career coming even closer than we had previously expected back to you. >> thank you very much for that. we're going to toss out to cnbc's new studios at the heart of dubai's international center. stay tuned >>> welcome back, everybody. a little bit of a pickup across european equities. how are we doing on the oil price? let's have a quick check here. wti a little bit weaker. brent price also off at this stage. how about the attitude of risk across the middle eastern market let's take you out to dubai where cnbc has opened its newest studio embedded in the nasdaq market site at the dubai international financial center and dan and hadley are there for us good morning, guys >> good morning, geoff almost a decade covering a region and i finally have a partner in crime i'm very excited to welcome dan murphy from singapore. i'm still down the road at abu dhabi market. >> i'm excited to be here at the nasdaq market si
will angela merkel run as chairman or not? if she's not going to run again, then most likely we'll see the end of her career coming even closer than we had previously expected back to you. >> thank you very much for that. we're going to toss out to cnbc's new studios at the heart of dubai's international center. stay tuned >>> welcome back, everybody. a little bit of a pickup across european equities. how are we doing on the oil price? let's have a quick check here. wti a little...
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Sep 23, 2013
09/13
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angela merkel and all of german politics and the center right, which angela merkel has shifted left, they need to look to the side. we've got to account for these voters who will otherwise keep going that way. >> talking about the impact as well in germany and an end on the eurozone. there are some headlines saying germany is angela merkel country. are we finally there? we just have one big maximum leader. >> well, i mean, in a sense we are. we're about half a kilometer away from the poster with her famous merkel rhombus. germans identify with her. the german word is completely to misunderstand modern german politics. essentially what you have is an extreme centrism. it's a contradiction of words. she has taken over the entire center ground and it happens to meet in the person of angela merkel. you could also say there is pretty much agreement she's not going to go as conrad adenaur did for a fourth term so this is really her last four years. we're going to see one more term with her, if we're lucky. it might not even last whatever coalition she builds that first term so, yes, at the
angela merkel and all of german politics and the center right, which angela merkel has shifted left, they need to look to the side. we've got to account for these voters who will otherwise keep going that way. >> talking about the impact as well in germany and an end on the eurozone. there are some headlines saying germany is angela merkel country. are we finally there? we just have one big maximum leader. >> well, i mean, in a sense we are. we're about half a kilometer away from...
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Sep 2, 2013
09/13
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that is of course very bad for angela merkel. there is a lot of room to maneuver for the next three weeks. >> annette, thank you for that. plenty to come on the german reactions. whilst most voters were watching steinbrueck attack merkel, some german election voters were looking at merkel's black red and gold necklace. what do you think about her accessory choice? do you feel it is a sign of patriotism? was it a bit over the top? get in touch with us via e-mail or tweet. >>> still to come, do emerging markets face a slowdown similar to the 2001 u.s. recession? we'll be joined from paris by tristan abbott to see how investors should deal with the flight of fear from the eurozone to emerging markets. building animatronics is all about getting things to work together. the timing, the actions, the reactions. everything has to synch up. my expenses are no different. receipt match from american express synchronizes your business expenses. just shoot your business card receipts and they're automatically matched up with the charges on yo
that is of course very bad for angela merkel. there is a lot of room to maneuver for the next three weeks. >> annette, thank you for that. plenty to come on the german reactions. whilst most voters were watching steinbrueck attack merkel, some german election voters were looking at merkel's black red and gold necklace. what do you think about her accessory choice? do you feel it is a sign of patriotism? was it a bit over the top? get in touch with us via e-mail or tweet. >>>...
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Mar 27, 2017
03/17
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>> yeah, the cdu, angela merk merkel's party has saved almost 6% in the federal state. but analysts stand divided whether this is really a clear sign that this also means that angela merkel's party on the state level will have the same -- yeah, the same support among voters. so, i think the solid elections are one thing. probably an isolated fact. but a lot of people had been looking at what the short effect might mean for those elections. and probably the social democrats themselves have been quite confident. but actually the polls were right. because the polls suggested that they are neck and neck with the christian democrats. and this has not been the case, of course. the head of the social democrats and the new savior of them stepped out with his take. >> translator: it doesn't mean we won't achieve our goal. the goal is to move a government in the federal republic. it's a long dance race, not a sprint. >> from germany, the debate is ongoing, it's just something that happened inside the spd and also among the calling institute of whether schulz can really reactivate
>> yeah, the cdu, angela merk merkel's party has saved almost 6% in the federal state. but analysts stand divided whether this is really a clear sign that this also means that angela merkel's party on the state level will have the same -- yeah, the same support among voters. so, i think the solid elections are one thing. probably an isolated fact. but a lot of people had been looking at what the short effect might mean for those elections. and probably the social democrats themselves have...
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Jan 20, 2016
01/16
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tensions politically for angela merkel. do you support her policy? this open door policy for migrants or do you think she needs greater back up on the european front? >> there's no real alternative to what she is doing. people might like something different but it doesn't work. closing borders means that a company like germany in the middle of business traffic going through that will fend itself off. that's not going to work. it might even jeopardize all of europe and i think her way is the right one but difficult one. that's what they're for. i do think the european approach is the right one. you need to either stop or channel or organize the migrant streams and not hand them over as unwanted citizens and the european union needs to get their act together to get this organized otherwise they'll be in jeopardy. >> obviously we heard from the outside of germany, criticisms of what she has done. i know that you said she had no choice at this point. but do you think this threatens her position as the chancellor of germany? do you think it could become a
tensions politically for angela merkel. do you support her policy? this open door policy for migrants or do you think she needs greater back up on the european front? >> there's no real alternative to what she is doing. people might like something different but it doesn't work. closing borders means that a company like germany in the middle of business traffic going through that will fend itself off. that's not going to work. it might even jeopardize all of europe and i think her way is...
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Oct 15, 2015
10/15
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. >> german chancellor angela merkel says her country will work constructively on european reform but warned that some principles are nonnegotiable. speaking earlier today chancellor merkel said she is convinced that the countries will find an acceptable compromise to keep the u.k. in the eu. now there's been some trouble ahead of the meeting as european commission president seemed to suggest that the u.k. might be better off outside the eu. it was denied by his team but what do you think? take a listen. >> i am 150% in favor of having britain as a constructive member state of the union. we need britain. personally i don't think that britain needs european union but that's a matter of conviction. others may have a different feeling on that. they will have the same feeling if ever britain would leave. >> julia joins us now live from brussels. getting himself a little bit tongue tied and slightly shifting the focus of course ahead of today's meeting. what can we expect? is it fair that david cameron will still get to mainly focus on the brexit issue or are other issues going to come to
. >> german chancellor angela merkel says her country will work constructively on european reform but warned that some principles are nonnegotiable. speaking earlier today chancellor merkel said she is convinced that the countries will find an acceptable compromise to keep the u.k. in the eu. now there's been some trouble ahead of the meeting as european commission president seemed to suggest that the u.k. might be better off outside the eu. it was denied by his team but what do you...
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Nov 16, 2018
11/18
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i think angela merkel is just hoping this will go through. looking at what happens now in the uk, this is perhaps also a theoretical consideration. she was also yesterday stepping out saying that the worst-case scenario would be a hard brexit and she's hoping for the deal to go through political berlin is kind of paralyzed to put it diplomatically nobody is really speaking about what's happening in the uk you just hear behind the scenes that they look at what's happening in your country with shock and awe. clearly if there is no deal, if there is a vote of mistrust or confidence vote, the future is pretty much unclear. what is clear, thou though is t business has opted for precautionary planning they are doing contingency planning everywhere. the majority of german corporates according to a new opinion poll is planning for a hard brexit. that's not boding well for the uk economy i would say clearly business decisions which are taken today also in terms of investment planning, they cannot just be reworked all of a sudden once again if the uk w
i think angela merkel is just hoping this will go through. looking at what happens now in the uk, this is perhaps also a theoretical consideration. she was also yesterday stepping out saying that the worst-case scenario would be a hard brexit and she's hoping for the deal to go through political berlin is kind of paralyzed to put it diplomatically nobody is really speaking about what's happening in the uk you just hear behind the scenes that they look at what's happening in your country with...
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May 5, 2014
05/14
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vladimir putin and angela merkel call for talks after tensions heighten in ukraine. and that could tip nervous investors over the edge. >> it is tense. it is having an effect in the confidence. it comes at a particularly awkward and inopportune time. >>> the bank of japan president tells us that they have things under control. >> in the past month, they have been consistently wrong. >>> you're watching "worldwide exchange." bringing you business news from around the globe. >>> a warm welcome to "worldwide exchange." we are just getting the latest iu forecast out. the eu came out with the forecast for the economy and maintained its italian gdp forecast at plus .60%. there should be more on the eurozone as well. those forecasts are currently being released in brussels as you can see at the moment. the budget deficit for the whole of the eurozone will fall to 2.5% by 2014. these are some of the individual -- we'll see if we can get some of the individual forecasts out as well. they say italian inflation at a record low on weak domestic demand and declining energy prices
vladimir putin and angela merkel call for talks after tensions heighten in ukraine. and that could tip nervous investors over the edge. >> it is tense. it is having an effect in the confidence. it comes at a particularly awkward and inopportune time. >>> the bank of japan president tells us that they have things under control. >> in the past month, they have been consistently wrong. >>> you're watching "worldwide exchange." bringing you business news from...
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Aug 24, 2012
08/12
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also ahead the dutch finance minister urged angela merkel to stick to her guns. he wants the germans to stick to their strict position. joining us now is european economist at morgan stanley. thank you for joining us. can greece can stick. is it at all feasible for them? >> i think there has to be a degree of negotiation on the program but greece has to make efforts and show before any amendment is even contemplated they can at least commit to something more but also the eurozone, in my view the greek exit is under estimated by the crisis countries they might withdraw money if they thought their currency was something else. >> how much do politicians are they playing with fire when they say we can manage a greek exit no problem. >> first one wants to see whether greece can deliver something more and they are working on this right now. but in the end we've long been thinking some degree of involvement has to happen with longer maturities of the loans, short term interest rates and perhaps some amendment on the fiscal target. anything more substantial than that won
also ahead the dutch finance minister urged angela merkel to stick to her guns. he wants the germans to stick to their strict position. joining us now is european economist at morgan stanley. thank you for joining us. can greece can stick. is it at all feasible for them? >> i think there has to be a degree of negotiation on the program but greece has to make efforts and show before any amendment is even contemplated they can at least commit to something more but also the eurozone, in my...
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Jul 5, 2017
07/17
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he will attend the opening of a $10 million panda enclosure at the berlin zoo with his counterpart angela merkel. do we call this panda diplomacy? i don't know >>> president trump is gearing up for a busy week of diplomacy as we'll he'll travel to poland before visiting germany for the g20 summit he celebrated his first independence day as president at a white house picnic for military families. he told guests our country is doing really, really well. cri kristen welker filed this report >> reporter: president trump marking his first fourth of july in office. >> happy fourth of july, everybody. >> celebrating the country while trying to protect it grappling with the new missile threat from north korea after toughening his tone with kim jong-un last week. >> the era of strategic patience with the north korean regime has failed >> reporter: now once again urging china to rein in its north korean ally. not only requesting china make a heavy move against north korea but over the weekend a stern call with chinese president xi warning the u.s. is prepared to act alone if necessary the reality,
he will attend the opening of a $10 million panda enclosure at the berlin zoo with his counterpart angela merkel. do we call this panda diplomacy? i don't know >>> president trump is gearing up for a busy week of diplomacy as we'll he'll travel to poland before visiting germany for the g20 summit he celebrated his first independence day as president at a white house picnic for military families. he told guests our country is doing really, really well. cri kristen welker filed this...
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Oct 8, 2012
10/12
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now, that's progressive. >>> angela merkel fly to go athens tomorrow. interesting to see the reception that he's going to on get there. a german government spokesman is saying we want to help greece stay in the eurozone, although they must fulfill the obligations. and they'll discuss the state of greek reforms. so sort of reiteration of the german starts. likely to stay, but you need to do your bit. chavez has been reelected in the closest race of his time in office. he won by a 54%-45% margin. kerry sanders has file this had report for us. >> reporter: the streets are filled with those celebrating the success of chavez's unprecedented third victory as president in this country. very strong message say those here that tell continue socialism to make profits especially for the poor and throughout latin america. there are those who lost tonight, those who assumed the opposition who say that they now fear that there is no future for this country and they plan to leave venezuela. likely destination, the united states. but for those here tonight, they say th
now, that's progressive. >>> angela merkel fly to go athens tomorrow. interesting to see the reception that he's going to on get there. a german government spokesman is saying we want to help greece stay in the eurozone, although they must fulfill the obligations. and they'll discuss the state of greek reforms. so sort of reiteration of the german starts. likely to stay, but you need to do your bit. chavez has been reelected in the closest race of his time in office. he won by a...
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Nov 21, 2013
11/13
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angela merkel is just winding up. when we come back, we hope to hear from the ecb president mario draghi. remember, his whatever i it takes speech moved markets. next, deposit rate speculation grows. what might he say about that? we'll be back. >>> this is "worldwide exchange" if you're just joining us. the fed minutes re-ignite fires that tapering could come this year. >>> die verging europe, stronger than expected growth in activity for germany's manufacturing and services industry. a different matter in france where all sectors contracted in november. that dragged eurozone composite pmi below forecasts. >>> goldman sachs gets burned. the currency market may be behind the big drop in bank trading revenue last quarter. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. if you've just joined us in the states, a very good morning to you. welcome to the start of your global trading day. u.s. futures indicating a slightly higher start. after the pause we've seen over the
angela merkel is just winding up. when we come back, we hope to hear from the ecb president mario draghi. remember, his whatever i it takes speech moved markets. next, deposit rate speculation grows. what might he say about that? we'll be back. >>> this is "worldwide exchange" if you're just joining us. the fed minutes re-ignite fires that tapering could come this year. >>> die verging europe, stronger than expected growth in activity for germany's manufacturing and...
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Dec 16, 2013
12/13
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angela merkel made it pretty clear she wants to have a german being a successor to him. with that, back to you, ross. >> thank you for that, annette. that's the recap of the new german government. >>> still to come, could the end of fed tapering send both bonds and equities higher. we'll have the discussion on how this might be positive for asset markets in 2014. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. we're open to it. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> last week was the worst week for u.s. equities in around three months or over three months. the dow and s&p down 1.6%. righ
angela merkel made it pretty clear she wants to have a german being a successor to him. with that, back to you, ross. >> thank you for that, annette. that's the recap of the new german government. >>> still to come, could the end of fed tapering send both bonds and equities higher. we'll have the discussion on how this might be positive for asset markets in 2014. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new...
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Oct 28, 2015
10/15
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we also have a fed decision as well after their two day policy meeting later on today and in china, angela merkel is beginning a trip to china in a visit visit expected to focus on trade. people shouldn't forget germany is china's largest trading partner in the u. >> that's right. this is going to be her 8th time to china. she will be here tonight and be here on a two day visit where she will be leading with chinese leaders and promoting business. she'll be traveling with a high profile delegation including the ceo of vw expected to brief her on the emissions scandal. also she is going to be traveling with organizations expected to make announcements here as well. what's interesting is that the trip has been described as an emergency visit unlike say some of the visits from high level u.k. officials and one of the reasons why is because of all the problems of vw as well as the general slow down that we're seeing among cars, especially with with german cars after this whole scandal had hit vw. >> eunice, what status is it getting on the ground in china relative to the uk and u.s. visits in
we also have a fed decision as well after their two day policy meeting later on today and in china, angela merkel is beginning a trip to china in a visit visit expected to focus on trade. people shouldn't forget germany is china's largest trading partner in the u. >> that's right. this is going to be her 8th time to china. she will be here tonight and be here on a two day visit where she will be leading with chinese leaders and promoting business. she'll be traveling with a high profile...
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0.0
Jun 20, 2023
06/23
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taking place are actually taking place since 2011 when they got started by the former government under angela merkel, they are at a critical point in time because diplomacy hasn't worked right in the last three-to-four years. very much in favor of getting those governments closer together and the current government in germany with the greens in the government having more focus on human rights they would sacrifice economic growth for the sake of human rights i guess interesting talks ahead and we see more realignment. i think some would call it not very near. >> annette, thank you. we have partner at berlin global advisers with us now thank you, eberhard with us. i don't know if you have heard her speaking, but talking about the de-risk relationship with china and germany. in your view, what is your interpret ration of de-risking over de-coupling and what does it mean for german industry? >> de-risking is not new any business would not manage risks which made mistakes in the past de-risking is the new punch word it is in the interest of german industry to keep up the good business relations wi
taking place are actually taking place since 2011 when they got started by the former government under angela merkel, they are at a critical point in time because diplomacy hasn't worked right in the last three-to-four years. very much in favor of getting those governments closer together and the current government in germany with the greens in the government having more focus on human rights they would sacrifice economic growth for the sake of human rights i guess interesting talks ahead and...
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Nov 21, 2012
11/12
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angela merkel has also been speaking about this. and she's been saying germany's willing to take part in boosting the esfs capital by about ten billion as well. she said essentially the low interest rates and this expanded essf could fill the financing gap. the merkel comments being taken as being fairly supportive. so that just means that we've seen bund futures gain slightly, and we've also seen euro/dollar perk up from its earlier lows as well. we got down to about 1.2748 on the euro/dollar. this is where it's down with stocks. pretty even really. thanksgiving tomorrow. volumes will be lighter today. bond markets, bunds reversing some of the gains from earlier. pretty mixed elsewhere. guilts not doing so well on the borrowing figures that were 2.6 billion pounds worse than forecast. this is public sector excludeing financials as well, and here we go with euro/dollar at the moment. we were down to 1.2740 a little bit earlier. the two-month low we hit earlier, 1.2661. >>> arcadia groups reported a drop in sales, but the firm, which
angela merkel has also been speaking about this. and she's been saying germany's willing to take part in boosting the esfs capital by about ten billion as well. she said essentially the low interest rates and this expanded essf could fill the financing gap. the merkel comments being taken as being fairly supportive. so that just means that we've seen bund futures gain slightly, and we've also seen euro/dollar perk up from its earlier lows as well. we got down to about 1.2748 on the euro/dollar....
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Oct 28, 2015
10/15
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now angela merkels trip comes out after an important motion for the german chancellor as she attempts to deal with the crisis in europe. her approval ratings are at a four year low. a lot of people say she has done the right things about being so welcoming to many of the rev you sees but clearly many of her colleagues don't agree with that. should she step down? will she step down as a result of this? >> we're a long way from that. merkel's visit is important because of all the countries in europe. germany is the most exposed. we had the big visit last week with the pomp and circumstance here in the u.k. she needs to keep the german economy strong and it was only a few weeks ago she was pictured on the cover as mother teresa. >> yes, she wants to run for that fourth term but she simply doesn't have the support. do you think she may not get the chance to run for the fourth term. >> listen, whenever we're faced with these situations where you have a leader with declining approval ratings and compounded by economic slow down risks everybody starts asking these questions but what you have
now angela merkels trip comes out after an important motion for the german chancellor as she attempts to deal with the crisis in europe. her approval ratings are at a four year low. a lot of people say she has done the right things about being so welcoming to many of the rev you sees but clearly many of her colleagues don't agree with that. should she step down? will she step down as a result of this? >> we're a long way from that. merkel's visit is important because of all the countries...
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Sep 23, 2014
09/14
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. >> german chancellor angela merkel will today address the german industry bdi. we'll bring you that key note speech when it starts in around 15 memberships' time. >>> and tensions between the two sides. the french mm said he wanted to tell the germans paris would implement economic reform, while the german chancellor praised france's and bishop's reform program. them to avoid oversimplification votes. let me just say that we still wanted to have a little bit of fun with it. we were wondering what was served at the lunch? what are the dishes that might serve the two european giants. there you go. on the left, you've got the french flag. you've got exit growth. fiscal fondue. coq un vells. >> take up is low as with tltro, maybe that means there's more for us. the german menu, savingssuppe, that doesn't sound tasty. >> that is worth. >> sounds very, very german. although i understand. >> so do you think there's a lot of opportunity? >> and, you know, austerity strudel to round things off. >>> now, blockbuster sales for apple's new iphone, the company sold more than
. >> german chancellor angela merkel will today address the german industry bdi. we'll bring you that key note speech when it starts in around 15 memberships' time. >>> and tensions between the two sides. the french mm said he wanted to tell the germans paris would implement economic reform, while the german chancellor praised france's and bishop's reform program. them to avoid oversimplification votes. let me just say that we still wanted to have a little bit of fun with it. we...
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last year german chancellor angela merkel took the prize. two years ago it was michelle ambassad obama. last year hillary clinton was just edged out. who would you name as the world's most powerful woman? brian has tweeted in to say, no one has unseeded angela merkel. the ir get in touch with us at e-mail or tweet us @cnbcwex or reach us individually. especially if you want to comment on the cowboy hat look that ross has gone with this morning. >> do i wear it in the right -- i want to know if you're from texas, was i wearing it right? probably wasn't enough gallon in that hat. probably a five gallon. i probably need the ten gallon. i'm presuming the gallon applies to the -- >> the size. >> -- the height of the bit in the middle. >> we'll have to find out. >> the crown. let us know. . meanwhile, more evidence of pressure facing global minors. from bhp billiton, the stock down 1.16%. they've been suffering from chinese key attributes like iron ore. bhp saying they're going to delay expansion of olympic dam. now also going to -- there's no dec
last year german chancellor angela merkel took the prize. two years ago it was michelle ambassad obama. last year hillary clinton was just edged out. who would you name as the world's most powerful woman? brian has tweeted in to say, no one has unseeded angela merkel. the ir get in touch with us at e-mail or tweet us @cnbcwex or reach us individually. especially if you want to comment on the cowboy hat look that ross has gone with this morning. >> do i wear it in the right -- i want to...
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is it really in terms of angela merkel's results, the dream team she hoped for? >> i don't think it really will be a dream team because there are some differences in program between the two partners. the cduc has moved to the middle, left of the middle, actually, with some of its proponents, at least. who are very strong within the party. and the fdp on the other side, they want to return several social reforms, and i think this won't go with the cduc. you'll have very tough negotiations. >> reporter: especially if you look at the voter movements, 1.2 million voters from the social democrats moving over, moving over to the center as it were, it wants it very well to pedal back on some of the socialist reforms. in terms of big call for our tech cuts, is that likely going to happen within the financial restraints we have? >> i think there'll be symbolic cuts, actually. but there has that to be a replacement because the states deficit is so immense as in the united states. you have to fill the gaps. which means either new taxes or broadening the basis of taxes or in
is it really in terms of angela merkel's results, the dream team she hoped for? >> i don't think it really will be a dream team because there are some differences in program between the two partners. the cduc has moved to the middle, left of the middle, actually, with some of its proponents, at least. who are very strong within the party. and the fdp on the other side, they want to return several social reforms, and i think this won't go with the cduc. you'll have very tough negotiations....
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angela merkel's party is raising budget concerns. an internal paper says the government can invest 30 billion euros over the next four years, but proposals could cost 100 billion euros, this as the bundestag reconvenes following the general election annette is watching this story can the jamaica coalition, as we call it, can they stick to the black zero that the cdu is so proud of >> if they will fulfill all their promises, it's a clear no. count them altogether, that was an exercise done by the ministry of finance, that would cost them some 100 billion euro. the financial wiggle room they're having is some 30 billion euro so i guess they have to cut down on their promises. each party has to select important topics for them and give up others, otherwise they won't come to a coalition here in germany but i guess first signs are promising. we are hearing some pledges also from the head of the liberals that they -- that he would actually also subscribe to higher taxes for the likes of google and amazon, something which is going down wel
angela merkel's party is raising budget concerns. an internal paper says the government can invest 30 billion euros over the next four years, but proposals could cost 100 billion euros, this as the bundestag reconvenes following the general election annette is watching this story can the jamaica coalition, as we call it, can they stick to the black zero that the cdu is so proud of >> if they will fulfill all their promises, it's a clear no. count them altogether, that was an exercise done...
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. >>> german chancellor angela merkel will take one of her biggest critics to her cabinet news comes as a way for many to please those who feel merkel needs to refresh her inner circle merkel talked about the reappointments >> translator: i think back and now we will do well just like others, jens spahn is not the only one who makes critical comments that is okay and then there are those who make a big difference. i believe he wants to contribute to that, just like all other cabinet members. >> italy's prime minister sill vee joel ber loyojoel bevial yo coney. he promised higher pensions and less taxes >> just one flat tax, lower than the other taxes which we have had before the same for families and companies. for this, we have a formula, called the formula of growth and well-being the formula consists of less taxes on families, less taxes on jobs this will put more money in family's pockets increase production for companies and produce more jobs. >> you do wonder how they can do that with 130% but that is a different matter >> the leader has promised to put italian citizens first d
. >>> german chancellor angela merkel will take one of her biggest critics to her cabinet news comes as a way for many to please those who feel merkel needs to refresh her inner circle merkel talked about the reappointments >> translator: i think back and now we will do well just like others, jens spahn is not the only one who makes critical comments that is okay and then there are those who make a big difference. i believe he wants to contribute to that, just like all other...
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we're hearing various policy makers from angela merkel say no to tax hikes. at the same time the social democrats are insisting on hiking taxes. there is not really a lot of agreement between those parties. as well, the greens had a party convention. they are interestingly in their final statement when it comes to as well saying yes to those talks with angela merkel's party, they are not talking about taxes. so perhaps that's one indication according to policy analysis -- analysts, i should say, that the greens are a little bit more open to go together with angela merkel's cdo. so when it comes to when we are going to have a new government, last time coalition talks took six weeks and nobody really thinks that a new government will be in place before november. another area of battlefield or another battlefield, i should say, is of course who is getting the finance ministry. according to the recent reports we are hearing that the social democrats are insisting to get the finance ministry. that would mean the end to the jobs. back to you. >> annetta back in fra
we're hearing various policy makers from angela merkel say no to tax hikes. at the same time the social democrats are insisting on hiking taxes. there is not really a lot of agreement between those parties. as well, the greens had a party convention. they are interestingly in their final statement when it comes to as well saying yes to those talks with angela merkel's party, they are not talking about taxes. so perhaps that's one indication according to policy analysis -- analysts, i should...
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following friday's agreement, angela america cell coming under pressure. she's set to meet with italy's prime minister mario monti this afternoon. we have andre cabrini. patricia is in germany. we've got both sides of this. andrea, what are we expecting from mario monti today? >> well, everything is set for the meeting that will start early this afternoon. basically, the message coming from rome this morning is this is not the second run of the european council. there will be no winners and losers. and mario monti said that the headlines of the meeting in europe should have been angela plus mario equals a new european policy based on growth but also on budgetary discipline. so clearly the veto, the italian veto on the grove pack edge in brussels clearly disturbed angela merkel. at the same time the sources in rome are expecting the italian government to get more measures to angela merkel and his colleagues in rome of the italian efforts to get more discipline in its public spending. for example, yesterday was discussed a public spending cuts for $7 billion
following friday's agreement, angela america cell coming under pressure. she's set to meet with italy's prime minister mario monti this afternoon. we have andre cabrini. patricia is in germany. we've got both sides of this. andrea, what are we expecting from mario monti today? >> well, everything is set for the meeting that will start early this afternoon. basically, the message coming from rome this morning is this is not the second run of the european council. there will be no winners...
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and also comments from angela merkel who says she doesn't think the british need to have illusions about how easy brexit negotiations will be. it's in response to those things that theresa may launched this blistering attack on the european union officials who have been briefing against her. whether that's playing as part of the negotiating tactics, whether that's part of her campaign here in the uk, it is possible it's a bit of both. >> all right. willem, thank you very much for that. >>> the fed kept interest rates on hold at its may meeting on wednesday but maintained expectations for further 2017 rate hikes. it views the slowing growth in the first quarter as likely transitory believing the fundamentals underpinning growth and consumption remain solid. steve liesman has more. >> reporter: the federal reserve looked through recent economic weakness and signaled to markets that a june rate hike remains on track. it went on to say fundamentals underpinning the continued growth of consumption remain solid. and that the committee views slowing in growth during the first quarter as likely
and also comments from angela merkel who says she doesn't think the british need to have illusions about how easy brexit negotiations will be. it's in response to those things that theresa may launched this blistering attack on the european union officials who have been briefing against her. whether that's playing as part of the negotiating tactics, whether that's part of her campaign here in the uk, it is possible it's a bit of both. >> all right. willem, thank you very much for that....
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Jul 4, 2016
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germany and italy wabeing played, i with other heads of states and governments put a lot of pressure on angela merkel in 2012. and although she had stubbornly refuse this hd this before, she agree to go on much more sweetly with the banking union and to take a position that would give political comfort to the ecb in order to introduce a capitalizing mechanismechanism. so it's a mistake in my view to consider things in europe as unchangeable or changeable only if and when chancellor merkel agrees, although she's technically quite a force in european politics. >> putting ms. merkel aside, are you suggesting that in extraordinary times such as these with the potential instability having a ripple effect that the eu should be able to make exceptions including when it comes to bank recapitalization? >> honestly, i'm not deep enough in this pile. i was in the past. actually i was there in the phase in which with the permission at the time compelled germany to eliminate tensionally all of the legal guarantees on their savings banks before the financial crisis. so i don't know the details enough. i am
germany and italy wabeing played, i with other heads of states and governments put a lot of pressure on angela merkel in 2012. and although she had stubbornly refuse this hd this before, she agree to go on much more sweetly with the banking union and to take a position that would give political comfort to the ecb in order to introduce a capitalizing mechanismechanism. so it's a mistake in my view to consider things in europe as unchangeable or changeable only if and when chancellor merkel...
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the week or two after that so far we're seeing very little in the polls we stick with the belief that angela merkel will remain in powe power. >> we are look at the german elections closely with regards to what will happen with greece in the future and course of the bailout. could you give us your take on the election outcome for greece? >> from the greek perspective, i would say coalition partners are key. there are very different outcomes, that's why we think from a greek perspective the fdp's performance has to be watched closely. we think even if the fdp would make it with the cdu above 50%, that, yes, germany would take on a more conservative tone towards periphery including greece but that the debt relief in summer 2018 would still take place, even with tougher terms for greece >> ricardo, tell us briefly as we are coming up to a break, what does this mean for your view on how investable greek bonds are at this point? >> investment grade bonds. yeah for investment grade bonds in the eurozone, keet the key is tb outlook. the euro/dollar exchange rate was mostly flat. nonetheless it hit
the week or two after that so far we're seeing very little in the polls we stick with the belief that angela merkel will remain in powe power. >> we are look at the german elections closely with regards to what will happen with greece in the future and course of the bailout. could you give us your take on the election outcome for greece? >> from the greek perspective, i would say coalition partners are key. there are very different outcomes, that's why we think from a greek...
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. >> angela merkel says her country will work constructively on britain with european reform but some principles are nonnegotiable. chancellor merkel is convinced that the countries will find an acceptable compromise to keep the u.k. in the eu. there has been some trouble ahead of the meeting as juncker seemed to suggest the u.k. might be better outside of the eu. take a listen. what do you think. >> i am 150% in favor of having britain as a constructive member state of the european union. we need britain. personally i don't think that britain needs the european union but that's a matter of conviction others may have a different feeling on that. they will have the same feeling if ever britain would leave. >> and julia joins us live from brussels. that was quite an embarrassing slip of the tongue. >> well, what an english french little translation slip between friends or frenimies. but the press jumped on this more because they're not expecting anything news worthy today from the negotiations. the rumor yesterday was as far as future negotiations on the relationship together keeping th
. >> angela merkel says her country will work constructively on britain with european reform but some principles are nonnegotiable. chancellor merkel is convinced that the countries will find an acceptable compromise to keep the u.k. in the eu. there has been some trouble ahead of the meeting as juncker seemed to suggest the u.k. might be better outside of the eu. take a listen. what do you think. >> i am 150% in favor of having britain as a constructive member state of the european...
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good morning. >> reporter: a lot has been made about the bumpy ride that angela merkel will get. there's more of a debate going on, the social democrats the opposition has to begin posturing to position itself to next year's elections because at the moment they kind of slinking behind angela merkel's position. it won't change the vote. a lot of confusion. unjustifiably because i've never thought there was any need for confusion about direct bank aid to the banks, circumventing the sovereign or the sovereign being liable. we had a discussion with the parliament undersecretary of state and he said quite clearly there is no agreement for direct banking aid to the spanish bank. we have an agreement and he passes on whatever aid there is to the banks. the present agreements that will be the same story under the esm so don't hold your breath for direct banking aid any time in the near future. if we were to get it we would need not only another vote in german parliament, there would have to be a vote in both houses of parliament where they could agree to such a thing at an eu summit. a
good morning. >> reporter: a lot has been made about the bumpy ride that angela merkel will get. there's more of a debate going on, the social democrats the opposition has to begin posturing to position itself to next year's elections because at the moment they kind of slinking behind angela merkel's position. it won't change the vote. a lot of confusion. unjustifiably because i've never thought there was any need for confusion about direct bank aid to the banks, circumventing the...
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>> reporter: that meeting today with angela merkel and the 20 heads of states from the eurozone with the labor ministers will probably be overshadowed by all the tensions with -- coming from portugal. as well from greece, with their respective prime minister both attending. speaking about portugal, their prime minister is nevertheless, despite the -- nevertheless is attending the summit in berlin. the economy minister of portugal as well is here to speak about youth unemployment and as well to tackle the problem of youth unemployment by, for example, bilateral treaty with germany on combined or on support from germany, when it comes to vocational training or training on the job which germany promotes as one of the key remedies to the crisis of youth unemployment in southern europe. that is mainly what they are discussing here today. they'll probably come up with a more pronounced plan, using not used funds from the european union which could amount to 16 billion euros according to the labor minister here in germany. >> as you say, annettia, you're there, because, of course, we have g
>> reporter: that meeting today with angela merkel and the 20 heads of states from the eurozone with the labor ministers will probably be overshadowed by all the tensions with -- coming from portugal. as well from greece, with their respective prime minister both attending. speaking about portugal, their prime minister is nevertheless, despite the -- nevertheless is attending the summit in berlin. the economy minister of portugal as well is here to speak about youth unemployment and as...
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speaking alongside german chancellor angela merkel she also called for britain to be given time to prepare the negotiating stance before brexit talks begin. >> all of us will need time to prepare for these negotiation skbs the united kingdom will not invoke article 50 until our objectives are clear. that's why i've said already this will not happen before tend of the year. >> for her part, merkel suggested she would not push the uk to trigger article 50 immediately. >> translator: as regards to the process leading up to invoking article 50, only then will the proper negotiations start. the treaties of the european union are very cloor clear on this. today we will discuss the situation as it presents itself now. we will also discuss what's relg vantd to article 50. without engaging in any formal or informal talks regarding negotiations. >> while it is understandable that britain needs time, no one wants a, quote, period of limbo before article 50 is invoked. >>> well, still to come on striends, ba "street signs," bankers behaving badly. >>> plus, can draghi turn the tied for italy's lenders
speaking alongside german chancellor angela merkel she also called for britain to be given time to prepare the negotiating stance before brexit talks begin. >> all of us will need time to prepare for these negotiation skbs the united kingdom will not invoke article 50 until our objectives are clear. that's why i've said already this will not happen before tend of the year. >> for her part, merkel suggested she would not push the uk to trigger article 50 immediately. >>...
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the woods, but is that government not terribly strong >> may be this fourth term as chancellor for angela merkel does not last the full term. the opportunity for deutschland has overtaken the spd in the polls. that's significant that hurts the cdu and speaks to the state of the center left in europe more broadly. >> tina, thank you very much for joining me tina fordham of citi. >>> still ahead, president trump is back at the white house this morning after spending the long weekend in florida we'll tell you what's on his agenda >>> as we head to break, another check on u.s. futures. we were down 150 at the start of the show, down about 200 points a moment ago just close to 200. improving a bit. down85 1 points on the dow your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. pre
the woods, but is that government not terribly strong >> may be this fourth term as chancellor for angela merkel does not last the full term. the opportunity for deutschland has overtaken the spd in the polls. that's significant that hurts the cdu and speaks to the state of the center left in europe more broadly. >> tina, thank you very much for joining me tina fordham of citi. >>> still ahead, president trump is back at the white house this morning after spending the long...
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. >> angela merkel announcing last into that she would discuss creating a european institution that would supervise banks. signaling germany is softening its stance on the proposed banking union which german officials say should only come after a fiscal union in the region. >> translator: the fiscal pact is an initial step but by no means a far reaching step. we'll discuss how systemically banks can be put under european supervision so national interests don't play such a large role. >> the german spanish banking giant is an and giant santander said there is no financial crisis in n. spain and that just a few banks need financial assistance. joining us as our guest host, tim condon, ing. an unbeat tone from spain. what the depth of the banking problem that that country is facing? >> they need a lot of capital. they need a bank recapitalization and typically when it's a system wide recap, state funds are involved. that's the issue in spain. can the state pie nance the needed recap. markets have intermittently doubted the spanish sovereign's ability to do that. that has caused some problems
. >> angela merkel announcing last into that she would discuss creating a european institution that would supervise banks. signaling germany is softening its stance on the proposed banking union which german officials say should only come after a fiscal union in the region. >> translator: the fiscal pact is an initial step but by no means a far reaching step. we'll discuss how systemically banks can be put under european supervision so national interests don't play such a large...
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but that's nothing angela merkel can influence. i'm sure it's going to be a topic of discussion saying, look, is this going to be a government crisis? can you avert this? that is nothing we will hear about. the official communique will sound similar to what we heard out of paris, out of the monte meeting. don't expect a result on this budget summit yet on the table and on we go to the next rendezvous in terms of the budgets. we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the c
but that's nothing angela merkel can influence. i'm sure it's going to be a topic of discussion saying, look, is this going to be a government crisis? can you avert this? that is nothing we will hear about. the official communique will sound similar to what we heard out of paris, out of the monte meeting. don't expect a result on this budget summit yet on the table and on we go to the next rendezvous in terms of the budgets. we've got another eu summit in march, which is not -- which is not ear...
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angela merkel will travel to kiev tomorrow to talk with her ukrainian counterpart. meanwhile, poroshenko says he will call on president you putin to stop pro-russian rebels. >>> germany is set to approve the sales of awe to a russian investor, according to reuters. that's despite sanctions imposed on russia over its role in the ukrainian crisis. it would be looking at blocking the sale, expected to be worth more than 5 billion euros. >>> and stocks have opened near a record high in india while the rupiah continues to strengthen on friday after the highest court gave the green light to the president elect. the court upheld last month's election results, rejecting attempts to force a rewrote. joining us on the lines is douglas ramash. good to have you with us. so this election victory has been upheld by the indonesian court. by the looks of things, the market is liking us. >> yes, that's right. and i think it's mainly because the ruling underscored that indonesia's democratic political system works. and that the election and the subsequent complaints adjudication proc
angela merkel will travel to kiev tomorrow to talk with her ukrainian counterpart. meanwhile, poroshenko says he will call on president you putin to stop pro-russian rebels. >>> germany is set to approve the sales of awe to a russian investor, according to reuters. that's despite sanctions imposed on russia over its role in the ukrainian crisis. it would be looking at blocking the sale, expected to be worth more than 5 billion euros. >>> and stocks have opened near a record...
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yesterday it was obama and angela merkel -- >> we haven't heard from him. >> i'm talking about major global leaders that are a part of the global conversation but this toe dragging negotiations wean greece and it's international creditors. does it make you want to allocate more capital toward it instead of cyclical. >> no the bigger picture is that the european economy is doing well. we see small improvements and growth. europe is still going to be the surprise factor in the global economy. that's what you want to position for if you select your stocks. in the short-term, yes, greece will remain there. greece will be impacting market volatility and it's a short-term risk so maybe take a little bit of risk. it's the smart thing to do but still focus mainly on that. >> okay. thank you very much for that. another chat five minutes time. that's the head of multiasset portfolios. there we go. it's coming. now let's have a quick look at the latest flashes from hsbc coming out. the latest one there saying that they would take two years to move from the u.k. after a decision. so some way sti
yesterday it was obama and angela merkel -- >> we haven't heard from him. >> i'm talking about major global leaders that are a part of the global conversation but this toe dragging negotiations wean greece and it's international creditors. does it make you want to allocate more capital toward it instead of cyclical. >> no the bigger picture is that the european economy is doing well. we see small improvements and growth. europe is still going to be the surprise factor in the...
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spd will not be the stirrup holders of angela merkel again. we learned from that. >> a separate poll for r.a.d. public television has angela merkel set for coalition victory for the first time since late 2009 merkel's christian democratic union, bavarian sister party and junior allies scored 47% in the n voter intentions. >>> thousands of berlusconi supporters gathered in rome sunday to protest the former prime minister's tax fraud conviction. at the rally berlusconi reassured the public of the future of the coalition government saying it must continue. jules has been in milan. what are the wider implications now for the italian political scene? >> reporter: well, as expected, the coalition here stays together. berlusconi, to be fair to him, said all along his party needs to be cautious. some might say he's got maximum mileage, protesting his innocence, saying he's being pers kated. he's had five mps of his party threaten to step away from the coalition in the past few days. yet here he is saying the coalition needs to stay together for the go
spd will not be the stirrup holders of angela merkel again. we learned from that. >> a separate poll for r.a.d. public television has angela merkel set for coalition victory for the first time since late 2009 merkel's christian democratic union, bavarian sister party and junior allies scored 47% in the n voter intentions. >>> thousands of berlusconi supporters gathered in rome sunday to protest the former prime minister's tax fraud conviction. at the rally berlusconi reassured...
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. >>> i have some flashes for you that i want to bring to you from the german chancellor, angela merkel. she says the german economy is in good shape. the government plans tax relief of up to 6 billion euros. we have heard that before from the finance minister. she says a balanced budget is not a fetish, it's a necessity. >>> let's get back to donald trump. donald trump and hillary clinton are both looking to build momentum from tuesday's vice presidential debate as they head towards the second presidential debate on sunday night. hours after the vp debate, the clinton campaign released an ad contrasting trump's words with mike pence's denials. trump praised his running mate's performance on the campaign trail said pence did an incredible job rating him 12 out of 10. let's get out to tracie potts who joins us from washington. seems like trump was happy with the debate. but ratings were not all that great. >> no. half of what we saw in the presidential debate. they were not expected to be as high as the clinton/trump debate. this could have been the lowest in 16 years. 37 million people
. >>> i have some flashes for you that i want to bring to you from the german chancellor, angela merkel. she says the german economy is in good shape. the government plans tax relief of up to 6 billion euros. we have heard that before from the finance minister. she says a balanced budget is not a fetish, it's a necessity. >>> let's get back to donald trump. donald trump and hillary clinton are both looking to build momentum from tuesday's vice presidential debate as they head...
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we've heard angela talking about it. how much is this spreading across the south africa mining community. >> owe what has happened, we have had almost 500 mine workers who are now from rb plex, they have started to mine and are making wage demands. a little difficult than what is happening here at the moment. this has come about with regards to the announcement that r.b. would be making changes. the platinum industry has been making changes. looking at the rising costs and declining costs for platinum has caused the platinum industry to start cutting down. this is what's happening in the mining industry. we are seeing that happen and at r.b. plat. >> okay. thanks indeed for that. that's the latest from johannesburg, south africa. there was a delay with that, but that happens. >>> moving on, the summer movie season is coming to an end. with the olympics in july, how good a season has it been. here is jane. thanks for joining us. clearly, the film is a standout, but what's the rest of season been like? >> it's still been q
we've heard angela talking about it. how much is this spreading across the south africa mining community. >> owe what has happened, we have had almost 500 mine workers who are now from rb plex, they have started to mine and are making wage demands. a little difficult than what is happening here at the moment. this has come about with regards to the announcement that r.b. would be making changes. the platinum industry has been making changes. looking at the rising costs and declining costs...
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May 6, 2013
05/13
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francois hollande insists that his relationship with angela merkel remains healthy. after the break, we cross to paris for the franco-german friendliness. more to come here on the show. >>> hi, everyone. yes, you are welcome back. the french government appears to be softening its stance on the ownership of one of its websites. yahoo! had been in talks to acquire a 75% stake in a video sharing website, but the industry mip sister scraped the deal regarding ownership. however, french foreign minister said that france was open for business. >> daily nation -- case, it was something different. because the question was not to say yes or not, but the proportion. and i understand the minister, i've been minister of the economy. and the question was what is the percentage? and my understanding is that they wanted to buy 75%. which would mean that they have -- they can the control of it. >> of course. >> and we're in favor of 50/50 and it's the reason why the business has not been possible. but we are quite open. >> meanwhile, the french president francois hollande insists it
francois hollande insists that his relationship with angela merkel remains healthy. after the break, we cross to paris for the franco-german friendliness. more to come here on the show. >>> hi, everyone. yes, you are welcome back. the french government appears to be softening its stance on the ownership of one of its websites. yahoo! had been in talks to acquire a 75% stake in a video sharing website, but the industry mip sister scraped the deal regarding ownership. however, french...
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Aug 22, 2013
08/13
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angela merkel is hoping to make this big push into solar and wind, renewable energy overall. but then many argue she's been destroying the solar energy by giving too much in terms of subsidies. is she going to be able to tell the voters, yes, this is actually -- this is, you know, this is my success. we can actually lower energy prices? >> voters are quite divided, carolin, surprisingly, i have to say, because 60% of germans ask whether they would -- whether they were willing to pay the higher electricity costs and then have green energy actually saying, yes, we're willing to pay the extra cost for that big push into renewables. but, of course, the companies andholders behind those companies don't really agree. there is a lot of lobbying going on, carolin, because a lot of those big companies are not paying the extra surcharge levied on consumers for green energy, so in a way, like the owner of this company here, it is a decision between two alternative systems, either we are really going ahead here in germany to make a big push into renewables, into solar and as well wind en
angela merkel is hoping to make this big push into solar and wind, renewable energy overall. but then many argue she's been destroying the solar energy by giving too much in terms of subsidies. is she going to be able to tell the voters, yes, this is actually -- this is, you know, this is my success. we can actually lower energy prices? >> voters are quite divided, carolin, surprisingly, i have to say, because 60% of germans ask whether they would -- whether they were willing to pay the...
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May 7, 2010
05/10
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angela merkel has been weakened in this whole crisis. a weak germany, an undecided germany or possibly a germany embroiled in its own domestic crisis is the last thing europe needs right now and the last thing the speculators need to push europe more towards the brink. and the political scene in the uk doesn't help, either, ross, does it? >> no. we're looking for leadership in europe and i'm afraid the politics is going to prevent us from getting any strong leadership. you talk about a weak government in germany, we're now going to have a weak government in the uk. it's now impossible for the conservatives to get a clear overall majority. they will be the largest party. but we're now down to the constitution and who can get the confidence of the number of mps that will form here in the building in a couple of weeks behind me in parliament? this is the most likely option is that the services try and form a minority government. but they will need someone to help back them. i think we're going to hear from nick clegg. and his stance on this
angela merkel has been weakened in this whole crisis. a weak germany, an undecided germany or possibly a germany embroiled in its own domestic crisis is the last thing europe needs right now and the last thing the speculators need to push europe more towards the brink. and the political scene in the uk doesn't help, either, ross, does it? >> no. we're looking for leadership in europe and i'm afraid the politics is going to prevent us from getting any strong leadership. you talk about a...
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May 24, 2012
05/12
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i think they're always willing, we heard that from angela merkel, from hollande, from rajoy, they're always willing to give greeks more lenient terms. maybe no stretch the time horizon, maybe to give them more money. but the bottom line is they say you have to agree to stick by let's say the spirit of the treaty if nothing else. but what can they do? if they have a greek government after the 17th of june that says you can basically stick your stroo treaties or burn them, then they can't help anymore and reports about con tense -- >> so you think if they cannot sign up the terms of a bailout plan, then they are prepared to deal with the unknown consequences of a greek exit? >> what else are they going to do is this if you go to a bank and you want a loan and you say it doesn't matter what kind of terms you give me, i don't care, i'm not going to pay back anyway, is the bank going to given you any money? of course not. everything else i would say is negotiable and that's the the message to athens and let's wait and see how that pans out. francois hollande, first appearance here at a le
i think they're always willing, we heard that from angela merkel, from hollande, from rajoy, they're always willing to give greeks more lenient terms. maybe no stretch the time horizon, maybe to give them more money. but the bottom line is they say you have to agree to stick by let's say the spirit of the treaty if nothing else. but what can they do? if they have a greek government after the 17th of june that says you can basically stick your stroo treaties or burn them, then they can't help...
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Apr 27, 2015
04/15
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. >>> greek prime minister alexis tsipras and german chancellor angela merkel have agreed to remain in contact. a financial times report suggests the finance minister is being increasingly isolated as officials seek to negotiate directly with the prime minister. >> it's not inevitable, but the way the greek government negotiates, without basically show that it really wants to carry out the reforms which are necessary, it makes it more likely, and i would say in the end, it is also desirable because if one accompanies this exit with help from the european community, with the promise to keep the gate open for greece to return at a later point in time this may well be a chance to regain the competitiveness of the country by devaluation. >> anatol is still with us. we've heard over the weekend the greek finance minister is being increasingly isolated. what do you make of that? >> i think that's probably true. if true it is a positive development because my view is that he has been a big obstacle to trying to come up with a negotiated solution to this. he has miscalculated -- miss judged bo
. >>> greek prime minister alexis tsipras and german chancellor angela merkel have agreed to remain in contact. a financial times report suggests the finance minister is being increasingly isolated as officials seek to negotiate directly with the prime minister. >> it's not inevitable, but the way the greek government negotiates, without basically show that it really wants to carry out the reforms which are necessary, it makes it more likely, and i would say in the end, it is...
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May 8, 2012
05/12
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. >> pressure even before the official meeting between angela merkel and francois hollande. he'll travel to berlin next wednesday to meet the german chancellor. if you remember on sunday, hole hand oig said that austerity was not the only way in europe and he called for an agenda to focus on growth. yesterday spokesman for angela merkel replied sgerm any will not support renegotiation of the fiscal compact because it's already signed by 25 countries in europe and also that germany would not support any growth hish difference based on additional deficits basically, no change on that point. germany believes that only structural reforms could fuel long term growth for european countries. angela her kell and francoisle hollande wants to avoid a clash and stay diplomatic before their first meeting. on the german side, a spokesman confirmed that her kell was waiting for hollande with open arms. in the meantime, we have some comments from the head of the euro group, not surprisingly supporting a german plan for austerity. this is the hard line in europe. but that's perhaps the comp
. >> pressure even before the official meeting between angela merkel and francois hollande. he'll travel to berlin next wednesday to meet the german chancellor. if you remember on sunday, hole hand oig said that austerity was not the only way in europe and he called for an agenda to focus on growth. yesterday spokesman for angela merkel replied sgerm any will not support renegotiation of the fiscal compact because it's already signed by 25 countries in europe and also that germany would...
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Jun 24, 2016
06/16
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plus reaction from a weakened german chancellor angela merkel: and donald trump landing in scotland this morning, he's expected to speak shortly. it is friday, june 24, 2016. throw away all your newspapers because they are old. "squawk box" begins right now. >> live from new york where business never sleeps, this is "squawk box." >>> goornl everyone. i'm becky quick with joe kernen and andrew ross sorkin. if you are just waking up you better buckle your seat belts. the united kingdom shocking the global markets voting to leave the european union. that vote came down 52-48 in favorite of leaving. david cameron already announcing earlier this morning he'll resign in october. let's get you kaupgt on the markets. >> u.s. equity futures right now looks like the dow is indicated to open down almost 500 points. believe it or not that is improvement we're off the lows of the session. s&p futures down by 73. the nasdaq down by 152 because the market were not prepared by
plus reaction from a weakened german chancellor angela merkel: and donald trump landing in scotland this morning, he's expected to speak shortly. it is friday, june 24, 2016. throw away all your newspapers because they are old. "squawk box" begins right now. >> live from new york where business never sleeps, this is "squawk box." >>> goornl everyone. i'm becky quick with joe kernen and andrew ross sorkin. if you are just waking up you better buckle your seat...
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Feb 9, 2015
02/15
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and the bigger question will angela merkel visiting the president can change his mind. she's in favor of a diplomatic solution all the way. she's not in favor of arming ukraine. and i got the chance to ask u.k.'s foreign minister. i asked him do you support u.s. weapons to ukraine? should the u.k. get involved? >> the u.k. is not intending to supply lethal weaponry to ukraine at this point in time. we understand the u.s. is considering it. this is a decision for each individual nation to take. and actually every nation has a role to play in maintaining the pressure against russia. the u.k. has been one of the leading forces in europe arguing for tougher and stronger sanctions. we'll continue to do so. everybody has their role to play. we're happy that the germans have taken the lead in the direct kremlin. we think that's the best channel of european union has. we intend to continue to use it. >> reporter: so the u.k.'s foreign secretary there refusing to be drawn out as to whether or not the u.k.'s foreign policy is irrelevant at this point. i had the chance to speak ot
and the bigger question will angela merkel visiting the president can change his mind. she's in favor of a diplomatic solution all the way. she's not in favor of arming ukraine. and i got the chance to ask u.k.'s foreign minister. i asked him do you support u.s. weapons to ukraine? should the u.k. get involved? >> the u.k. is not intending to supply lethal weaponry to ukraine at this point in time. we understand the u.s. is considering it. this is a decision for each individual nation to...